Mobile network Three is reportedly set to acquire its rival O2 for more than £10bn in cash. Hong Kong tycoon Li Ka-shing is set to become one of the biggest foreign investors in the UK when his Hutchison Whampoa conglomerate acquires the O2 network from its Spanish owner Telefónica.
O2 5G
O2 has announced it will begin the rollout of its 5G network this year in Belfast, Cardiff, Edinburgh and London. Other areas of the UK will enjoy rollout from 2020 to coincide with the wider availability of 5G handsets.